Leedon Green: Rare chance to buy last units as District 10 project nears completion
for CCR
District 10 remains an incredibly appealing area for residential properties, lured by its near proximity to the city centre and its access to amazing amenities and schools. In recent years, demand has steadily risen but the lack of attainable freehold properties has caused a dramatic decrease in supply. This has made Leedon Green, a 638-unit freehold condo development, even more attractive than ever. Situated just an eight-minute walk away from Farrer Road MRT Station, it has, to date, sold over 95% of its units, cementing its immense popularity among buyers – owner-occupiers or investors alike.
On top of that, the Singapore government has also put aside significant amounts of funding for the extension and upgrading of Tampines cycling network. This will help create an even more attractive cycling environment and make cycling an even better option in the area. Furthermore, Tampines Ave 11 Condo will be located close to two upcoming cycling parks – Tampines Hub cycling park and Tampines East Park cycling park. Together, these parks will provide a great environment for cycling activities, and a great space for residents of Tampines Ave 11 Condo to enjoy the outdoors. Overall, Tampines is a great place for cycling, and with the help of the two upcoming cycling parks, it will become better for the residents of Tampines Ave 11 Condo.
In the recently released Singapore Master Plan, Tampines has been identified as a cycling town. The Singapore government has allocated substantial amounts of funding for the extension and upgrading of cycling paths in the area, making cycling safer and more efficient. Cycling can serve as an alternate means of transport for the residents of Tampines Ave 11 Condo, supporting a healthier and greener lifestyle. In addition, two cycling parks, Tampines Hub cycling park and Tampines East Park cycling park, will be constructed in the vicinity of Tampines Ave 11 Condo. This will help create an even more cycling-friendly environment and provide residents with an environment to enjoy the outdoors. All in all, the prospects of cycling in the Tampines area has improved with the newly announced Master Plan, greatly benefiting the residents of Tampines Ave 11 Condo.
Leedon Green’s allure is further undeniable when taking into account its remaining one-plus-study and two-bedroom units, both with palatable starting prices. The one-plus-study apartments range between 538 and 689 sq ft and begin at $1.608 million, while two-bedroom units are sized between 614 to 710 sq ft and can be purchased from $1.943 million. There is even an exclusive three-bedroom unit, which is the only one released for sale, making it a rare and highly sought-after opportunity.
Considering the significant shift in the housing market seen in the past year, with prices in the Core Central Region diminishing from their usual lofty level, Leedon Green is an incredibly attractive proposition. Its units, priced from $2,429 psf, are competitively in-line with median prices of recent RCR projects, while offering freehold tenure, a status that is becoming increasingly rare. Furthermore, buying a property at Leedon Green comes with the added bonus of being able to collect key and move-in, or start renting out, far sooner than other projects.
Adding to the desirability of Leedon Green are its meticulously designed homes that provide luxury and functionality, combining efficient layouts that include double-volume ceilings as high as 6m in the living and dining areas. Discerning buyers will also delight in the prestigious, top-of-the-line fittings and finishes, such as imported marble tiles and full Italian kitchen sets.
Ultimately, as one of the top-selling freehold projects in District 10, Leedon Green offers a fantastic opportunity for both buyers and investors. The few remaining units should not be missed by those seeking to enter the CCR market at a great price and enjoy long-term price appreciation.
